Hong Kong Police Raise Alarm as Binance Users Lose $450K to Phishing Scam
The police confirm that all 11 victims, so far, have reported combined losses to the excess of $446,000.
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The police confirm that all 11 victims, so far, have reported combined losses to the excess of $446,000.
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Beyond its crypto options offerings, the exchange has set its sights on obtaining a brokerage license in the European Union (EU).
The warning list serves as a clear message from the FCA, indicating that the included companies lack authorization or have failed to meet regulatory requirements for operating within the United Kingdom.
Per Hogan, considering where the case currently stands, only two outcomes are possible going forward.
To bolster security and thwart hacking attempts, Dunamu revealed that Upbit increased its holdings in cold wallets to 70%. The exchange also improved the security of its hot wallets.
The heart of the DOJ’s argument lies in the assertion that evidence regarding the current value of Bankman-Fried’s investments, particularly his stake in Anthropic, is irrelevant to the charges against him.
The exchange has already received the funds back. The hacker received a 5% white-hat incentive, or a remuneration of 250 ETH for restoring the funds, as well as a job offer to work as a white-hat security adviser.
The Hong Kong Monetary Authority (HKMA) recently completed a public consultation on stablecoins regulations.